I was talking with a Los Angeles Times reporter about the coronavirus a few days ago, and it spurred several thoughts about down-the-line impacts beyond the obvious. According to the Epoch Times, the coronavirus impacts will hit within the next few months. This makes perfect sense since lead times are typically between 2-3 months for our clients. So, expect current shutdowns to have impact in a few months. While you should obviously spring to action if impacted, you should be thinking about future-proofing your supply chain regardless!
Coronavirus and Impacts in the Supply Chain
Tags: back up plan, coronavirus, customers, employees, Future Proofing, future proofing manufacturing, manufacturer, products, resilient supply chain, services
All Rights Reserved © 2020 Copyright LMA Consulting Group.